Investment Banking

SABMiller adds 'bailout banker' to bevy of star advisers

Former head of UK Financial Investments joins the roster of City heavyweights advising on mega-deal

SABMiller produces Pilsner Urquell among its many brands
SABMiller produces Pilsner Urquell among its many brands Photo: SABMiller website

The former CEO of UK Financial Investments, who advised the government on the multibillion-pound bailout of the country's banking industry, has become the latest City heavyweight to land a role on SABMiller's takeover by AB InBev, as the London-based brewer looks to iron out valuation issues.

Robin Budenberg is advising SABMiller for Centerview Partners, where he is London-based chairman, a person close to the deal said.

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